Hi there, i appreciate your videos and follow you closely. Thank you.
Quick question, what is your methodology and reasoning in calculating the target for ada?
michael772
⋅
@amiralishojaee123, Depends what you mean by target, most often we use areas such as support and resistance to determinate the targets. There is no way of calculating the next target for a coin or a share precisely. Whoever, we can draw lines using the previous highs or lows, we can use Fibonacci or use the previous bull/bear run in order to understand where the next highest high or lowest low is going to be.
Quick question, what is your methodology and reasoning in calculating the target for ada?